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, but government and opposition forces have shown little sign of letting up in their fighting. >> united nations and arab league envoy organized the tuesday for the festival. government and opposition forces agree to lay down their arms from friday through monday. they agree to lay down arms from friday through monday, but arm commanders say they reserve the right to retaliate against rebel attacks. the head of the opposition forces military council says he's skeptical that government forces will stick to their word. >> the two sides kept up the fighting. several place as head of the truce. government forces are said to have reinforcements. neither side respected a cease-fire in april. buddhists and muslims in western myanmar have taken up their fight against. at least 56 people have been killed. nearly 2,000 homes destroyed. government has declared a state of emergency in the region. government officials say the fighting there begin to escalate on sunday. 90% of myanmar's population is buddhist. the minority have grown frustrated with being discriminated against. at least 90 people died in clas
was elected as a representative 2010. he served as an investment counsel for the u.s. government reform committee. gentlemen, welcome. it's good to have you here. gentleman you are now both on record as saying you would be open to raising revenue as part of plan to balance the budget and congressman's dold your opponent says as a general proposition he supports 70% and cuts versus 30% in new revenues. what percentage breakdowns would you support? dold: i'm not so sure i have a percentage breakdown. what i've done his work with my colleagues on the other side of the aisle and the only bipartisan budget that has come to the florida generation and frankly i think that is what we need to be talking about. need to be talking about how we can get folks together republicans and democrats alike running an organization i know that the only successful organizations are those that come together and actually solve problems and have some sort of compromise. >> moderator: you were asked if you would accept a 1 dollar increase for
on the internet shows serious trouble fighters saw some early executing what appears to be government soldiers. job figures are out in the u.s. today at the battle for the white house goes to ohio and wisconsin. dozens of young men have been shocked by the military in northeastern nigeria. welcome to bbc world news. also, the world bank says burma and will get its first development plan. and, tackling the energy question. human rights groups have condemned a video posted on the internet which appears to show syrian rebels of executing captured government soldiers. amnesty international says if confirmed, it constitutes a war crime. we are asking whether this is something new. >> it has happened before. but now it is becoming more and more obvious that the rebels are committing killings like the regime, and at the same level, both of them. it is just days before a big conference in doha where the opposition is asked to unified under one group, in order to bid but to lead the rebels on the ground, because there's a big discrepancy between the political leadership and the rebels on the ground who
's no unified government, it's fragmented at the bureaucracy level, and there's this capacity issue, serious capacity issue within government. what's the advice? >> well, i don't suspect that a lot of the entrepreneurs in this room who are the talent pool for the next economy in detroit are thinking how do i get a job with the city. so -- >> no career advice. >> no, but i mean, seriously. the young talent pool, the 20-somethings and 30-somethings are not thinking about the public sector as a career path. so let's just be blunt and honest. the city is not going to be able to harness the talent that's there that will get the city to the next place. so invert the question. not how are we going to hire those people, but how are we going to bring them into the process sitting where they are in universities, in the private sector, in the ngos that are dynamic and interested in the city of the future, and the city has to invent the way to do that. collaborate, create communities of interest, harness that talent pool, um, and give them the resources where it's necessary if the resources are there. n
, not the u.s. government, because i'm about to hammer them. we do not have the kind of leadership that required to have coalitions put together to deal with this situation. it is a soft power or hard power. and it may not happen properly anytime in the near future your remember that caveat. now, the other day i was reading through a book by save the children. it's about the children of syria. and if you haven't read this book and you want to understand what's happening in syria, i recommend you read it. but i assure you, you will feel very uncomfortable on page one. there are costs involved with the situation that could go on for generations, not just for now. generations. think about the children are going through now and how they will think about the west. the international community, their arab brothers, the reins, the russians, the chinese, the united states, and just about everyone else. even if this might be over in the next year or so, it will definitely not be over for those children. thank you. [applause] >> thank you. ambassador? >> i agree with most of what i heard from
works for city governments. gordon feller, michael littlejohn and you have heard from carla. it is very hard to moderate. all i want to do is tweet. i wanted to start with a question that really build off presentation. this can be a very broad conversation. we are talking about efficiency and how we manage congestion and lower energies. we are talking about the integration of data. we are talking about participation was social media, co-production of solution. david mentioned this. the united states is not quite at the vanguard of this. when i think it can just in, i think about singapore. he brought the copenhagen. i want to start with the ibm and cisco part of the world appeared word you see progress within cities? where is the u.s. -- part of the world. where do you see progress within cities? where in the u.s.? >> we can point to smarter transportation and public safety and health care. that is not necessarily a smarter city. as marchers city, and it was alluded to a number of times this morning, -- a smarter city, and it was alluded to a number of times this morning, is a city of t
financial company and to complete the government at divestiture the idea would be that the enterprise could be recapitalized by creditors and the financial company receiving a combination of cash, equity or debt in satisfaction of the claims against the receivership. the strategy has the advantage of returning the company to private ownership and insurers as possible avoiding an even bigger too big to fail company. it also would likely promote the stability in the financial markets of the mandates. a few words about international cooperation because that's certainly been a big issue in connection with how we going to do this? there is a lot of work done. certainly in the recent financial crisis that has been increased awareness on the degree to which these large financial companies operate across the borders. and so, obviously the resolution has to be coordinated internationally to reduce the risk of disruption. so, there is no current international insolvency framework to resolve a global the systemically important financial institution in a comprehensive manner so we really need to do adv
, the government already announced that some 500 will have been withdrawn by the end of this year. next year to take further decisions which the government has not yet taken, and you have to ask the defense secretary, you know, when he thinks that's possible. >> we are talking a time line of slightly more than two years, so i think things can change. i recognize that. >> yeah. i think the prime minister said what they're looking for is a glide past the end of 2014. the government will take those decisions when it's ready. >> what events will clearly dictate political decisions, not asking you to comment on political decisions, but dictate what happens -- >> i can give you confidence the figures announced by the prime minister out by december, that will be delivered. we'll be done. >> thank you very much. my last question, chairman, is is there any -- anybody heard anything about possibility of nato or the united states in particular? withdrawing significant troops earlier than the end of 2014? >> i think the united states also will want to take some provisions next year, and in light of the
, allows states to spend money that they don't have because the federal government will back them up. stuff like that. then there is getting the briefings from his national security team, sort of the homeland domestic security team. that's john brennan. janet napolitano, and then of course chris fugate who is the head of fema but he was brought in as sort of -- he was jeb bush's head of emergency planning in florida during that period, if you recall, when florida went through four hurricanes. all of the other states didn't seem to do it and this guy was seen as nonpartisan super emergency management person, if you will. and that's the guy running fema. the president is getting constant updates. you've got to wait it out. you've got to find out a middle storm. and you're managing and brought everything in and waiting for the storm to pass to figure out, okay, how bad is the cleanup? right now it's just hunker down. >> hold on. we got an update. sandy is now a post tropical cyclone, still very powerful and expected to make landfall in one hour right near us. let me show you a picture. this is
of help from the federal government. he needs fema help, red cross help and trailers and everything so for a state executive at a bipartisan time, the president, he has an advantage, he can conduct diplomacy so to speak on like two treks. he can have the full machinery of the white house and the disaster response and being statesman like. that campaign isn't over. that campaign is going on and on, both sides, romney and obama, they're putting out press releases, talking points, hitting each other ads are on the air so it hasn't stopped. >> the surrogates are still in motion. >> except for chris christie. >> that's true. >> he's switched sides now a surrogate for the president. sorry. >> and to bring it back to the reality of the situation, chris christie has an extraordinary amount of work on his hands. you know, the next few weeks or months of his life will be busy with nonpolitical activities. after the break workers are stranded, hundreds of businesses are closed, thousands of flights are canceled and the new york stock exchange is shut down. depending on what model you look at, san
oversight and government reform committee. gentlemen, welcome to chicago tonight. it's good to have you here. >> thank you. good to be here. >> moderator: you're both on record as saying you'd be open to raising revenue as part of a plan to balance the budget. congressman dold, your opponent says he'd support 70% in cuts versus 30% in new revenues. what percentage breakdown would you support? dold: i'm not so sure i have a percentage breakdown. i have worked with my colleagues on the other side of the aisle in the only bipartisan budget that's come to the floor in a generation and, frankly, we need to be talking about how we can get folks together, republicans and democrats alike. running an organization, i certainly know that the only successful organizations are those that come together and actually solve problems and have some sort of compromise. >> moderator: but in terms of a compass point, you were asked recently would you accept the $1 tax increase for $10 in cuts, and you said yes. dold: sure. >> moderator: somewhere between that and 70/30, i mean, just as a general proposition? dold
of all the almost of billions of dollars the federal government has spent trying to save those beaches and restore them again and again every few years. this is going to wreak havoc on all that construction of really beautiful beach we've had over the recent years. >> reporter: absolutely. and actually this boardwalk what i'm told is that this boardwalk used stimulus money to restore it. so if this does go under, obviously that's going to be a big challenge to restore it. but a lot of money has been invested into beach restoration and i did ask the governor how much money in terms of oon economic impact that he anticipated in terms of a shutdown because obviously the state government is shut down. nobody is going to work at the state government, and a big mass of businesses here have closed as well. so you can imagine people not working. that's going to be a huge economic loss, but he said the most important thing is that there are no lives lost at this point. he says he'll deal with the economic losses later as long as they can save lives at this point, chris. >> great reporting. grea
't drive and for many, there's still no power. it is getting ugly. government doesn't look so good. to the polls, who is going to win? depends who you ask and it dehe pends who gets out and votes. minutes from now, the first friday morning poll, we will bring you the rasmussen numbers. jobs, gas, votes. "varney & company" is about to begin. >> right to the big story, which is the october jobs report. the unemployment rate rose to 7.9%. 171,000 jobs were created last month. and the real unemployment rate, which tallies those unemployed and underemployed fell ever so slightly, but holding at 14.6%, the economy is not creating enough new jobs to brighten the employment picture. three years after the recession ended we should be creating at least 250,000 new jobs a month. we are not. the economy remains weak, despite record government spending and an extra 5 1/2 trillion dollars worth of debt. aust austan goolsbee will be joining us, he helped to write the policies,'s no longer with the administration, he hasn't been here for a while, but returning today. here is how it went last time
incredibly involved in trying to help the u.s. government think more intelligently about competitiveness and entrepreneurship in particular. then josh linkner, a local star here who runs detroit venture partners as i'm sure many of you know, if you're from detroit, you certainly know that, a supporter of this event which we're very grateful for, and i think symbolic of the incredible new energy that's developing in detroit. and i should also say that josh created a company calls eprize in 1999 here in detroit. it's been operating all this time. two weeks ago it sold for a nice exit. [applause] so here's the story of a local company that came from here, went all the way and, you know, he's done real well with that. meanwhile, he's invested in a ton of other companies. so i just want to start by asking you, steve, you know, when i told you about this, you immediately dropped it. why did you think techonomy detroit was a good idea? >> well, i think it's a great idea. i think it's great you're willing to shine a spotlight on detroit. it's not just about detroit, the story about entrepreneurs
governments spend on welfare for every household in poverty on average. $61,000. company, and it's one of the major issues in the election, in a country where 9 million people dropped out of the work force, almost 50 million people are on food stamps, the idea that welfare costs $61,000, that's amazing number. >> it's one household and you look at that and say can you imagine? look, you listed off the different statistics out there. this is the biggest reason why, i think, the president had a hard time convincing voters he's turned this economy around. i mean, poverty's rising sharply in his home state of illinois alone. it's a real tough message for him and we're in a record number of spending, so, you look the at the new thing, the problem is not getting fix. the ones getting the big generous pensions are the government workers and he's set up two classes in america, it's the politically connected and those in public offers, i think washington d.c. is one of the richest cities in the world and then, the have-notes are the ones who are out ever government. >> what about the critical v
activity--repairing and rebuilding. depsite the storm-- the government is expected to report unemployment numbers for october this friday. phone companies along the east coast are preparing for the likelihood of overtaxed communication infrastructure during hurricane sandy. at&t is fueling up emergency portable generators and disaster recovery trailers to move into affected areas. authorities recommend people use text messaging rather than phoning or internet during large scale disasters. texting uses far less network capacity. several corporations are postponing earnings reports in the wake of hurrican sandy. among some notable companies that were supposed to report today pfizer, sirius xm radio, power plant company nrg, martha stewart living and avon are all waiting until later this week or even next week to report numbers. a number of potentially market moving events are cancelled in new york. new york federal reserve president william dudley has called off his speech today in connecticut. his remarks tend to be closely monitored because he's reportedly viewed as a close confidant
of sandy. why government coming to the aid of those hit by the storm is now a rallying cry for bigger, more expensive government. that big debate and a lot more still ahead on "the closing bell." oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever. get to a better state. >>> welcome back. we want to show you some shots of new jersey, one of the hardest hit states as a result of hurricane sandy. president obama in new jersey with governor chris christie touring some of the hardest hit areas of the state. is this brigantine, nng? this is certainly new jersey and we want to show you some of the other pictures if we can and take you back to the president an
"new yo" using this as an opportunity to say well, the storm proves that big government is necessary. you've got an obama e-mail during the hurricane hey, you've got a phone, get obama's back. al gore's blaming global warning and bill clinton says electing romney is worse than hurricane sandy. what's wrong with your party? >> well, you built a case, i'll say that, mr. prosecutor. i will also say that, in fact, mitt romney during the campaign said that, you know, he would cut funding for fema, homeland security, the people that have come to the aid of those in new york, new jersey, those that have been hard hit. >> no. he said he would give it back to the states, juan. wait a minute. excuse me. there's a proposal here, if you look at the details of pages 94 , 96, the white house's see sequestration proposal includes cuts for fema for $900 million if you want to get into tit for tat here. >> i'm saying not only did he said he would accepted it back to the states, he said ideally it would be up to private enterprise. >> wait a minute. in his own sequestration, $900 million in cuts for f
that big government is necessary. you've got an obama e-mail during the hurricane hey, you've got a phone, get obama's back. al gore's blaming global warning and bill clinton says electing romney is worse than hurricane sandy. what's wrong with your party? >> well, you built a case, i'll say that, mr. prosecutor. i will also say that, in fact, mitt romney during the campaign said that, you know, he would cut funding for fema, homeland security, the people that have come to the aid of those in new york, new jersey, those that have been hard hit. >> no. he said he would give it back to the states, juan. wait a minute. excuse me. there's a proposal here, if you look at the details of pages 94 , 96, the white house's see sequestration proposal includes cuts for fema for $900 million if you want to get into tit for tat here. >> i'm saying not only did he said he would accepted it back to the states, he said ideally it would be up to private enterprise. >> wait a minute. in his own sequestration, $900 million in cuts for fema. let's not get into this. i think both guys are doing what they're su
think that there is going to be a mentality to get the government spending any money at all because -- i would agree to this point if there is not enough money i think we could drive more efficient cars and we could change the power plants but if there isn't a profit of changing to natural gas, companies won't do it. they are not going to lose money to change their power plant over to natural gas. the afton de subsidize. i think it is a sad day because america needs to admit climate change is real and we don't have the money to fix it. i don't have the answer for you but it's ignorant to ignore it. >> host: that's john of the mexico. the presidential candidates were sidelined on the storm from campaigning six days ago before next tuesday's election and here is the headline on the "the washington times" romney balances sympathy and politics to raise donations here's what he had to say about the rally yesterday. i proceed affect people in dayton got up this morning, some went to the grocery store and purchased some things that these families will need, and i appreciate your generosity. it'
about government covering their health-care costs. i am on medicare now, certainly the government takes my. when i was working, you have no idea how many times, because i was the person who put the insurance payments into the computer when i came to the hospital, and you have no idea how the insurance companies to turn down a thing this. host: even though they make their comments known about the presidential race, we are focusing on cost and said races in your state. a couple of stories, at this one out of new york when it comes to hurricane sandy, federal money do not up to states and hurricane aftermath, the first trickle of federal funds start to go out. 29 million to rebuild highways. $30 million to hire temporary workers to help with the cleanup. it is certainly to the multibillion dollar bill for the government. the federal office has 7.5 billion to spend. an additional 5 billion could be made available withinan offsets required in other government programs. that is in the new york times. when it comes to how the money is concerned, this out of the new york post. the state labor d
areas of the government. >> senator, you talked about the fiscal cliff that is looming at the end of december. we have tax cuts that are about to expire, many of them, and we also have, like you were just talking about the trillion sequester cuts. all these things are happening by the end of the year. what do you think congress should do, do you feel like they should leave everything as is? or do you think, do you have any ideas that congress should put in place that you will put forward when you guys go back in next week? >> yeah, i think that the best way to talk about the tax rates is they're what we've had for 10 years. businesses have made their plans predicated on a tax rate. i don't think we should increase the tax rates on anybody. i don't care if you're rich, middle class or poor. we shouldn't divide up people. we should divide people into two sectors. private sector, public sector. i don't want to grow the public sector, i want to grow the private sector. so that means means, leaving as much money in the private sector as possible. i don't want to tax anybody any more to
have a bunch of issues. and what that does is create uncertainty. if the government can go and do what they want regardless of what the lot is -- what the law expert, and the government says coppola -- what the lot is, and the government says, and going to do it and go ahead and sue me. that is as much of the problem as the volume we have seen. the cost of the regulation is inconsistent with the underlying law that was passed by congress, or never even contemplated by congress. co2 is a toxic substance. i cannot imagine anyone who voted for the clean air act who would have suggested that was something that was covered under the definition when they passed that bill. the overriding issue is government run amok because the president is incapable of getting any of the stuff through the congress. you have a president who has decided that we are going to do this on our own. and the media, as we all know, it's certainly not going to go out and hammer him for doing these things. they agree with him for the ones to do. they let him get away with it. it is up to conservatives to try to make the
think. you know, that call attention to the rule, just crucial role of the federal government, fema at this time. lou: what have they done? >> it's what they're going to do. what they're already doing. lou: let me ask you this. and i have heard this. governments are great, but all the responding agencies are either state or local. they are the ones to decide how much santa push off the streets of point pleasant. there the ones deciding how to take care of the people being evacuated. you see where i'm going? >> i see where you're going. lou: you tell me about this big pad -- >> since i did say a thing about obama, let me just say this. you have to be very careful. go into a community cannot take away first responders. it takes a lot of cop, a lot of fire service and ambulances that should be doing meaningful things. >> that is why there bloomberg said don't come. >> new jersey. lou: the heck with all that and decided to get the cubs in state patrol and the motorcade. >> to have governor romney who was asked in june what he thought about fema and basically said, let the states to then
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and a rebuilding effort where you get the keynesian sort of spurt of growth because you're going to have government spending and you're going to have people spending to rebuild. so, that counter acts the negative gdp growth, that the cost of this. but i will tell you this, this is not a terrorist attack, what is scary about this, is that when you, you can have something very serious like that, and the markets could be shut down for a lot longer and that will be a problem. and don't discount the fact when markets are shut down for a long time, people question the economy. and businesses cannot get financing, stocks don't trade and you don't know the value of corporate america. neil: you sound like a callus individual. >> there's other-- >> there are thousands of lives could have been in danger and here you are pursuing the almighty dollar. >> i did not say put people's lives in danger, i said have a contingency plan. neil: but you need human beings in some way, shape or form in that area, yes or no? >> no. neil: liar, liar, pants on fire. look, whatever helps capitalism. >> no offense, the floor tra
with no legislative business schedule. the federal government, the federal courts, and the train system will remain closed. tonight, a republican presidential candidate mitt romney speaks to supporters in avon lake, ohio. he attended a rally there earlier today before canceling the rest of his campaign events because of the storm. you can see his comments at 8:00 p.m. eastern tonight. and vice president joe biden was also in ohio or earlier today. he campaigned in youngstown with former president bill clinton. this was after president obama also canceled all of his campaign events because of the storm. president obama won an ohio four years ago. you can see them tonight at 8:35 p.m. eastern also 1 c-span. -- also on c-span. >> not too long ago no one would have agreed to carry around a tracking device, but now we all carry around the cell phones, which can be tracked. a lot of us use g mail and all of our e-mail is stored on a server. >> we were looking into cyber and cyber security and cyber war. the pentagon had declared cyberspace as a new domain of war. we realized maybe one in a thousand peopl
. while the stock exchanges get back to business, the federal government is getting down to business in responding to the widespread disaster. sylvia hall has the latest on the federal response. >> reporter: as east coast residents survey the mess sandy brought ashore, federal, state and local governments are already coordinating the cleanup. right now, thousands of workers from every level of government are on a rescue mission in new jersey and new york's hardest- hit areas. fema is pulling in generators and working with power companies to get the lights back on. the storm's damage was so severe that president obama quickly declared major disasters in new york and new jersey overnight. the decision frees up federal dollars to help families and businesses recover their losses. it also allows the u.s. to reimburse local and state governments for some of the expenses they'll face as they rebuild. the east coast may be cleaning up, but sandy isn't finished. the storm is plowing inland, dumping snow across the appalachians. with sandy still churning, it's near impossible tonohow extensiv
u.s. economy picks up steam thanks to sp. ding by consumers and the government. >> susie: i'm susie gharib. we take you to a wells fargo event in chicago, where housing grants could turn renters into buyers. >> tom: then, from tax hikes to corporate earnings worries,o tonight's "market monitor" guest says investors are facing a cliff of concern. robert stovall of wood asset manament joins us. >> susie: that and more tonight on "n.b.r."!me >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe you too. thanks to a pick-up in spending by conumers, the federal government and the housing c sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post gr
't based on the inalienable right to life, liberty and pursuit of happiness and self-government but the essence of revolution is you have to win. nobody hands you victory in revolution. that is what the war was about but then the war ends and the south has to be reintegrated into the union. but there are all these unreconstructed confederates who still believed they had the better part of the argument and the white race should be supreme in the south, who resent entirely the fact that abolition was imposed on the south but whereas during the civil war they didn't have a vote, didn't have a say and the national government, all of a sudden they do. during war, the rules of democracy were suspended. democracy is based on majority rule. once the war ends democracy kicks back in and so the south has to be reintegrated politically and when grant was nominated for president in 1868 grant was first of all nominee by acclamation of the republican party. grant did not lift a finger on his own behalf. allowed himself to be nominated and allowed himself to be elected. one thing, he didn't g
, federal, and local governments. and so we're confident that the assets are prepositioned for an effective response in the aftermath of the storm. r david paulison knows about mobilizing the federal government's response to a hurricane. he was in two weeks after hurricane katrina. are you confident that fema is prepared given the sheer size of this storm, almost a thousand miles in dimer. >> it is a huge storm and the impact will on the storm is so big, it is impacti sever states from dall the way up to maine at the same time. but i am rae very comfortable. we have a great administrator running the organization. he gets it, he's from florida, a good emergency manager. doesn't run around with his hair on fire. so i'm confident they will do a good job. >> on a conference call today n fact, your successor, mr. fugate said the disaster fund at fema has a billion dollars in t more or less. is that enough for this kind of response that will be necessary? >> probably at the end of the day the expenses will be more than that. but yes, it's enough for now. what the president has de, he psident has
of the economy except for government employment. government employment again fell pretty significantly, but across services, even manufacturing has been having some pretty good job growth. and retail trade, so it was kind of across the board for this month. overall, what you have seen is the health sector, if you say over the last two years, where have the jobs been growing? they haven't been really in anything touching on the housing market. so real estate, construction, those things haven't done well. but a lot of services, a lot of export related, and a lot of manufacturing have been kind of the sectors leading it. >> so the president is promising in the next four years if elected he will create jobs in the millions. mitt romney is promising if elected he'll create 12 million jobs. but at the same time, romney underscoring government isn't the one that creates jobs. how does either one deliver on the promise of creating millions of jobs? >> well, you know, the first thing to note is when an economy is growing, even at a moderate pace, it's going to generate a lot of jobs. i think if
by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular structured bankruptcy which is what romney said they could do. yeah, but governor romney there was no private finance, remember the financial markets were collapsing and yet if you read his op-ed and i did the other way, 2008 op-ed put it in restructured bankruptcy and then have government-- >> as a back stop. >> a lot of conservatives don't like that, but you can see what he was talking about. charles: it would have worked, i agree. >> and what's key tt bankruptcy, it would have lowered their labor costs and would have been a requirement in the bankruptcy they're at $80 an hour and now at 60 when the competition is 40. ford is doing better versus what chrysler is doing. look what happened with chrysler, they're in trouble and they're trying to attack romney in ohio and not working and even mother jones, overliberal mother jones says that romney is right, chrysler is going to be-- >> and here is the thing, and
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